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Technology Stocks : PairGain Technologies

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To: Gary Korn who wrote (25525)	8/24/1998 11:10:00 PM
From: Elmo Gregory	Read Replies (1) of 36349

Gary: My lack of knowledge in the technical analysis or charting area disqualifies me from contributing any meaningful comment on the "double bottom" you mentioned. I have not yet developed any faith in predicting the future by technical analysis--or by any other means for that matter. I believe that, however, what goes down must go back up, eventually. A kind of reverse gravity theorem I guess. The LEAPS I purchased a few weeks ago are suffering at the moment. If the stock doesn't recover in a year, I guess it never will. But I really didn't intend to wait that long when I bought the LGCAC leaps. Interesting set of charts for PAIR is at clearstation.com Regards, Elmo

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